Nifty breaches 23,000-mark for first time, Sensex hits new all-time high

Stock market today: Benchmark equity indices Sensex and Nifty hit fresh all-time peaks today (May 24) as investors' sentiment remained buoyant ahead of Lok Sabha election and fresh foreign fund inflows were seen. The 30-share BSE Sensex rose 164 points to hit its all-time high of 75,582 and NSE Nifty went up by 36 points to breach the 23,000 mark for the first time ever.

Stock market today: A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(Reuters)

Bajaj Finance, Larsen & Toubro, Tata Steel, State Bank of India, HDFC Bank and Bharti Airtel were the major gainers at the Sensex while Mahindra & Mahindra, Tata Consultancy Services, Maruti and JSW Steel were among the laggards.